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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (498919)11/26/2003 9:52:37 AM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 769670
 
Strong economic data does not lift the dollar.

Meanwhile, the dollar traded mixed against some major currencies, in holiday-thinned trade, as structural problems in the United States and geopolitical worries outweighed a clutch of robust U.S. economic data.

The euro bought $1.1831, up from $1.1785 late Tuesday. But the dollar purchased ¥109.57, up from ¥109.41 late Monday. Last week the U.S. currency hit a record low against the euro and a three-year trough versus the yen.

Investors were looking for signs of renewed geopolitical tensions following a series of attacks in Turkey over the last two weeks that killed more than 50 people.

"Reports were better than expected, but these are not translating to dollar gains," Alex Beuzelin, forex market analyst at Ruesch International in Washington, D.C., told Reuters. "Much of the good news has already been priced in."

"Also, even though the U.S. is growing much stronger than its G7 counterparts, this does not negate the structural problems in the United States and its low interest rate differential," said Beuzelin, referring to the Group of 7 (G7) industrialized nations.

money.cnn.com



To: JDN who wrote (498919)11/26/2003 9:53:24 AM
From: CYBERKEN  Read Replies (1) | Respond to of 769670
 
We have a two-party system. The only way they survive is to occasionally turn the reins over to their extreme elements and let them get clobbered. It has worked for over 150 years. The Democrat party will most likely re-emerge free of the Clintons and the Marxist/Leninist fifth columnists, and begin providing a LOYAL opposition-AFTER their 2004 disaster.

They may even take the lead in the New American Renaissance and the Great Purge of the anti-American left...